Family Businesses

News and Articles About Family Businesses

How My Family Helped Me Build a 'Power' Research Firm

Global company's founder says having his children help in the early days gave them invaluable experience.

Monster or Mastermind? 3 Business Takeaways from Wall Street's 'Wolf'

While 'The Wolf of Wall Street' may seem like a cautionary tale of precisely what not to do in business, much can be learned from Jordan Belfort's story.

Veterans: 3 Ways to Minimize the Risks of Buying a Franchise

Owning a franchise can be an appealing option for men and women returning from military service. Here's some advice on what should be considered beforehand.

3 Types of Franchises That Make Great Family Businesses

If you're thinking of buying a franchise and want your family to be involved in running it, consider these options.

Father and Son Team Create Candy Without the Extra Junk

Unreal Candy's natural treats are a fast-growing success.

4 Ways to Manage Working Relationships With Toxic Family Members

Strategies for dealing with family employees who've become too much to bear.

Why You Should Start Preparing Your Ultimate Exit Strategy Now

You don't want your family to fight after you're gone, and you don't want the IRS to claim more than is necessary during the transition. Here are a few basics rules of thumb for creating a succession plan.

Is It Possible to Run a Business With Your Ex?

For some couples, working with their spouse every day can be a dream, but can the business last if the marriage doesn't?

Why I No Longer Want to Have it All

Before you add on that extra project just because you can, realize that you're also playing a risky game of Russian Roulette.

A Dorm-Room Startup for Dorm Rooms?

While the holidays are prime time for most U.S. businesses, back to school is this startup's sweet spot.

Why Friends And Family Are Your Worst Business Enemies

Investing with friends and family is usually a recipe for disaster. If you're going to go for it, here are some essential legal steps to keep your finances and friendships from falling apart.

Why Your College Student Should Start a Business

There are lots of benefits to having your college-age kids start their own business. Here's why and how you can help them get going.

Former Marine Starts International Franchise Helping Stranded Boats

Sea Tow is a family-run company with nearly 200,000 members and 100 U.S. and international franchise locations, helping seafarers in lakes and oceans across the world.

How One Young Entrepreneur Built a Credit Card Processing Empire at 16

You know what they say about one man's trash? It's another man's goldmine. Here's the story of how Harbortouch's Jared Isaacman saw an opportunity and grabbed.

Father and Son Business Owners Share Their Secrets to Success

In time for Father's Day, successful father and son business owners share how they balance their personal and professional relationships.

Launching With a Loved One? Five Lessons From Successful Startup Couples

If you're thinking of starting up with your significant other, consider the tips of those who've made the plunge before you.

The Family Behind Luxury Lingerie Business Cosabella

A revealing look at the immigrant family driving Cosabella as the Italian fashion brand creates a new label for JCPenney, experiments with high-tech underwear and expands globally.

Mother-Daughter Business-Owners Share How to Balance Their Relationship and Company

In honor of Mother's Day, we spoke to a mother and daughter who are running a business together about how they maintain their both their personal and professional relationship.

When Employees Aren't Part of the 'Family' in Family Business

Your top employee may not be a member of your family, but is almost certainly a key to your company's success. Are you doing enough to keep him or her happy?

5 Parenting Skills That Make You Better at Running a Business

Ahead of Mother's Day, lessons from managing a family that use can use to manage your employees.

Small Used Jewelry Business Leads to a Growing Pawn-Shop Franchise

A father and son road trip led them to launch a small pawn shop that grew into a nationwide franchise.

'Kinky Boots,' Musical Mixing Fetish and Family Business, Leads Tony Nominations

The flamboyant new Broadway show about reviving a family shoe business by catering to drag performers today earned 13 Tony nominations.

How to Manage the Challenges of a Family Business

Working with your family can present some unique challenges and opportunities. Here are four tips to keep you sane.

10 Questions to Ask Before Family and Friends Become Business Partners

Thinking about bringing loved ones into your business? Before you take that leap, here's what you need to know to protect your relationships and your company.

A Family Business With an Open-Minded Hiring Policy

Dave's Killer Bread, a Milwaukie, Ore.-based family business, gives ex-cons a second chance.

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